Can I retire at age 45 with 8,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$668,890$662,932$657,119$651,446$645,905$621,999
2 years$331,134$324,967$318,990$313,195$307,574$283,759
3 years$218,563$212,369$206,408$200,667$195,138$172,162
4 years$162,289$156,114$150,212$144,569$139,174$117,214
5 years$128,533$122,395$116,571$111,043$105,798$84,910
6 years$106,036$99,945$94,206$88,802$83,714$63,914
7 years$89,974$83,934$78,286$73,009$68,082$49,364
8 years$77,932$71,947$66,393$61,245$56,481$38,827
9 years$68,572$62,642$57,184$52,168$47,565$30,952
10 years$61,087$55,216$49,854$44,969$40,528$24,926
11 years$54,968$49,156$43,891$39,136$34,855$20,231
12 years$49,872$44,120$38,952$34,328$30,205$16,521
13 years$45,564$39,871$34,801$30,306$26,339$13,558
14 years$41,874$36,242$31,269$26,903$23,089$11,170
15 years$38,679$33,108$28,232$23,992$20,329$9,232
16 years$35,886$30,376$25,596$21,483$17,967$7,650
17 years$33,424$27,975$23,291$19,302$15,931$6,352
18 years$31,239$25,850$21,262$17,395$14,165$5,283
19 years$29,285$23,957$19,464$15,718$12,625$4,401
20 years$27,529$22,262$17,863$14,236$11,277$3,670
21 years$25,943$20,737$16,431$12,920$10,092$3,064
22 years$24,502$19,357$15,144$11,747$9,046$2,560
23 years$23,189$18,104$13,983$10,698$8,120$2,140
24 years$21,987$16,962$12,931$9,757$7,299$1,790
25 years$20,883$15,918$11,977$8,911$6,568$1,498
26 years$19,866$14,961$11,108$8,148$5,916$1,254
27 years$18,925$14,080$10,315$7,458$5,334$1,051
28 years$18,053$13,267$9,589$6,833$4,813$880
29 years$17,243$12,516$8,923$6,266$4,346$737
30 years$16,488$11,820$8,312$5,751$3,927$618
31 years$15,783$11,174$7,749$5,281$3,550$518
32 years$15,124$10,573$7,230$4,854$3,211$434
33 years$14,506$10,013$6,751$4,463$2,906$364
34 years$13,925$9,490$6,307$4,107$2,631$305
35 years$13,379$9,001$5,897$3,781$2,383$256
36 years$12,865$8,543$5,516$3,482$2,159$215
37 years$12,379$8,114$5,163$3,208$1,957$180
38 years$11,920$7,711$4,835$2,957$1,774$151
39 years$11,486$7,333$4,530$2,726$1,609$127
40 years$11,074$6,976$4,246$2,515$1,459$106
41 years$10,683$6,641$3,981$2,320$1,324$89
42 years$10,312$6,325$3,735$2,141$1,201$75
43 years$9,960$6,026$3,504$1,977$1,090$63
44 years$9,624$5,744$3,290$1,825$990$53
45 years$9,304$5,477$3,089$1,685$898$44
46 years$8,999$5,225$2,901$1,557$816$37
47 years$8,708$4,987$2,726$1,438$741$31
48 years$8,429$4,760$2,561$1,329$673$26
49 years$8,163$4,546$2,407$1,228$611$22
50 years$7,908$4,342$2,263$1,135$555$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $8,100,000, adding $3,449 every year, while hoping to spend $55,618 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 79/14/7 Blend
44$8,100,000$8,100,000$8,100,000$8,100,000
45$8,929,758$8,500,458$8,374,908$9,628,009
46$9,781,416$8,857,803$8,596,290$10,443,574
47$10,718,079$9,230,794$8,823,224$11,330,376
48$11,748,359$9,620,139$9,055,838$12,301,498
49$12,881,744$10,026,578$9,294,262$13,365,317
50$14,128,689$10,450,888$9,538,626$14,531,058
51$15,500,712$10,893,878$9,789,067$15,808,879
52$17,010,504$11,356,397$10,045,720$17,209,963
53$18,672,050$11,839,335$10,308,726$18,746,624
54$20,500,758$12,343,621$10,578,227$20,432,425
55$22,513,604$12,870,228$10,854,367$22,282,298
56$24,729,297$13,420,174$11,137,293$24,312,691
57$27,168,448$13,994,526$11,427,156$26,541,715
58$29,853,771$14,594,399$11,724,107$28,989,319
59$32,810,293$15,220,961$12,028,301$31,677,474
60$36,065,589$15,875,435$12,339,896$34,630,379
61$39,650,049$16,559,101$12,659,052$37,874,689
62$43,597,155$17,273,298$12,985,931$41,439,762
63$47,943,804$18,019,429$13,320,699$45,357,938
64$52,730,653$18,798,962$13,663,524$49,664,841
65$58,002,503$19,613,434$14,014,575$54,399,710
66$63,808,721$20,464,455$14,374,026$59,605,775
67$70,203,708$21,353,711$14,742,053$65,330,655
68$77,247,408$22,282,964$15,118,834$71,626,808
69$85,005,877$23,254,063$15,504,548$78,552,028
70$93,551,906$24,268,941$15,899,380$86,169,980
71$102,965,706$25,329,625$16,303,515$94,550,807
72$113,335,666$26,438,235$16,717,140$103,771,785
73$124,759,186$27,596,991$17,140,447$113,918,047
74$137,343,599$28,808,220$17,573,628$125,083,392
75$151,207,181$30,074,356$18,016,879$137,371,159
76$166,480,265$31,397,952$18,470,396$150,895,205
77$183,306,477$32,781,676$18,934,380$165,780,974
78$201,844,088$34,228,329$19,409,031$182,166,679
79$222,267,505$35,740,838$19,894,555$200,204,602
80$244,768,925$37,322,272$20,391,156$220,062,529
81$269,560,138$38,975,846$20,899,042$241,925,330
82$296,874,535$40,704,926$21,418,424$265,996,701
83$326,969,308$42,513,037$21,949,511$292,501,081
84$360,127,875$44,403,874$22,492,517$321,685,765
85$396,662,558$46,381,304$23,047,657$353,823,240
86$436,917,531$48,449,379$23,615,145$389,213,748
87$481,272,065$50,612,346$24,195,199$428,188,115
88$530,144,114$52,874,649$24,788,036$471,110,871
89$583,994,255$55,240,948$25,393,876$518,383,686
90$643,330,036$57,716,121$26,012,938$570,449,156
91$708,710,771$60,305,282$26,645,443$627,794,973
92$780,752,814$63,013,785$27,291,610$690,958,529
93$860,135,382$65,847,242$27,951,660$760,531,975
94$947,606,964$68,811,530$28,625,813$837,167,811
95$1,043,992,388$71,912,808$29,314,291$921,585,036
96$1,150,200,604$75,157,528$30,017,313$1,014,575,930
97$1,267,233,270$78,552,451$30,735,097$1,117,013,523
98$1,396,194,201$82,104,660$31,467,861$1,229,859,834
99$1,538,299,797$85,821,576$32,215,822$1,354,174,941
100$1,694,890,518$89,710,975$32,979,193$1,491,126,980